Business & Industry
Just as a community needs well-maintained residential development to remain healthy, a community also needs healthy and active businesses. That’s where the Chesterfield County Chamber of Commerce comes into the picture. The Chamber and other business organizations help sustain a robust community by supporting pro-business legislation, as well as fostering strong relations between business and community.
Chamber accomplishments include securing major changes to the county’s sign ordinance, an initiative to encourage the county to purchase from county businesses, abatement of the BPOL tax, creation of a task force to evaluate the county’s site plan process and the creation of an inclusive community of businesses.
Helping Business Grow
The Chesterfield County Department of Economic Development (CCED) is working along with the Virginia Economic Development Partnership to ensure Chesterfield’s sure and steady growth, while maintaining its supreme quality of life. Chesterfield has two enterprise zones and there are many state and local incentives for new and expanding businesses. At present, 44 internationally-owned companies representing 11 different countries have operations in Chesterfield.
The CCED works on a free and confidential basis with domestic and foreign companies planning to establish new facilities, relocate existing facilities or expand current facilities. The department also assists existing businesses and industries already located in Chesterfield with any business-related issues. The CCED’s staff members assist with site selection requirements, information and research needs, public relations, and relocation services, small business issues, and streamlining regulatory processes.
The county is committed to working with small and minority business to help make them a prosperous part of the business community. The CCED offers a variety of programs and services such as workshops and seminars, access to financing, site selection assistance, permit process guidance and business counseling.
Other local organizations involved in assisting the CCED include the Virginia’s Gateway Region, the Greater Richmond Partnership Inc., and the Virginia Economic Development Partnership. Low-cost bond financing is available to new and expanding manufacturers for land, buildings, equipment, and some administration costs through the Chesterfield Industrial Development Authority.
Formerly the Jefferson Davis Enterprise Center, BizWorks was founded in 2001 as a project of the Jefferson Davis Association. BizWorks is a non-profit small business incubator offering office and warehouse space to new businesses and those transitioning from a non-traditional environment, such as their garage or dining room.
Their mission is to cultivate new and emerging businesses that contribute to the economic vitality of Chesterfield County through job creation and capital investments.
The center provides an opportunity to start and grow a business in a supportive, cost effective and professional environment. Tenants are provided with access to quarterly progress reviews, seminars, secretarial services, and business machines.
Military Force a Plus for the Economy
The Defense Supply Center Richmond (DSCR) serves as the aviation supply chain manager for the Defense Logistics Agency and serves as the primary source of supply for more than 1.25 million repair parts and operating supply items. DSCR’s primary customers are the Army, Air Force, Navy and Marines. The center also supports other government agencies, such as the U.S. Postal Service, National Aeronautics and Space Administration, U.S. Forestry Service, and Department of Transportation.
The value of the products and services DSCR provides as the aviation supply chain manager exceeds $3.1 billion annually. Approximately 2,300 dedicated military and civilian employees work at DSCR. The center continues to transform to meet the needs of the nation’s war fighters, by adopting commercial business practices to improve service.
Adding to the area’s robust economy, nearby Fort Lee serves as the focal point for Army logistics and provides support to U.S. Army Joint and Coalition operations around the world. It is home of the Combined Arms Support Command, U.S. Army Garrison, Army Logistics College, Quartermaster Center and School, and the headquarters for the Defense Commissary Agency.
Nearly 3,200 military personnel and equally as many family members, 600 single soldiers on the installation, and another 2,300 families off-post are based at Fort Lee, and many of those choose Chesterfield County as their home. The post provides employment for 3,000 civilians who support the military. Each year, Fort Lee contributes more than $700 million to the local economy.